Excelsior Academy
- Assets
- $21.1m
- Revenue
- $14.1m
- Investments
- $0.0
- Employees
- 276
- Location
- Erda, UT
- Founding
- 05/2009
- Data as of
- 06/2022
- EIN
- 26-0806243
Organization Overview
Excelsior Academy is located in Erda, UT. The organization was established in 2009. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Excelsior Academy employed 276 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Excelsior Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Excelsior Academy generated $14.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $13.3m during the year ending 06/2022. While expenses have increased by 17.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE SCHOLARS WITH A BROAD CLASSICAL FOUNDATION OF KNOWLEDGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE SCHOLARS FROM KINDERGARTEN THROUGH EIGTH GRADE WITH A LIBERAL ARTS, CLASSICAL EDUCATION SCHOOL MODEL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Eccles Executive Director | Officer | 40 | $109,324 |
Gichin Marsden Middle School Director | Officer | 40 | $102,460 |
Emily Willson Elementary Director | Officer | 40 | $85,639 |
Angie Jenkins Board Chair, July - Sept | OfficerTrustee | 5 | $0 |
Brandon Clark Board Chair, Oct - June | OfficerTrustee | 5 | $0 |
Amy Lear Treasurer | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pine Tree Construction Construction | 6/29/22 | $174,237 |
Public Employees Health Program Medical & Dental Ins. Premium | 6/29/22 | $168,435 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,846,221 |
| All other contributions, gifts, grants, and similar amounts not included above | $126,591 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,972,812 |
| Total Program Service Revenue | $154,284 |
| Investment income | $7,629 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $485 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,135,210 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $366,654 |
| Compensation of current officers, directors, key employees. | $268,093 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,535,767 |
| Pension plan accruals and contributions | $375,137 |
| Other employee benefits | $744,215 |
| Payroll taxes | $541,799 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,312 |
| Fees for services: Accounting | $31,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $223,711 |
| Advertising and promotion | $9,135 |
| Office expenses | $0 |
| Information technology | $139,777 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,300 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $725,060 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $557,005 |
| Insurance | $33,555 |
| All other expenses | $32,310 |
| Total functional expenses | $13,284,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,700,665 |
| Savings and temporary cash investments | $54,026 |
| Pledges and grants receivable | $588,977 |
| Accounts receivable, net | $5,210 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $30,075 |
| Net Land, buildings, and equipment | $16,710,384 |
| Investments—publicly traded securities | $1,012,039 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,101,376 |
| Accounts payable and accrued expenses | $750,599 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $17,555,472 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,306,071 |
| Net assets without donor restrictions | $1,944,417 |
| Net assets with donor restrictions | $850,888 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $21,101,376 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Excelsior Academy has recieved totaling $11,895.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,895 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Utah Charter Academies Draper, UT | $87,193,817 | $47,458,045 |
Strive Preparatory Schools Denver, CO | $16,366,153 | $54,741,372 |
Kipp Colorado Schools Denver, CO | $14,636,055 | $38,026,869 |
Legacy Traditional Schools - Nevada Inc Chandler, AZ | $98,471,077 | $39,227,732 |
Goal Academy Pueblo, CO | $51,570,908 | $48,674,529 |
Mater Academy Of Nevada Las Vegas, NV | $50,289,285 | $33,903,245 |
Spectrum Academy North Salt Lake City, UT | $38,407,104 | $29,729,025 |
Odyssey Preparatory Academy Inc Buckeye, AZ | $75,530,982 | $28,243,391 |
Rocky Mountain Preparatory School Denver, CO | $30,804,994 | $31,097,127 |
Arizona Connections Academy Charter School Gilbert, AZ | $11,036,365 | $27,443,157 |
Benjamin Franklin Charter School - Queen Creek Gilbert, AZ | $74,039,747 | $26,576,099 |
Daisy Education Corporation Gilbert, AZ | $46,295,236 | $27,502,043 |